Cozy Corporation purchased supplies at a cost of $15,000 during 2013. At January 1, 2013, supplies on hand were $5,000. At December 31, 2013, supplies on hand are $2,000. Calculate supplies expense for 2013.
A) $18,000
B) $15,000
C) $13,000
D) $2,000
Correct Answer:
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